GUNR Performance — FlexShares Morningstar Global Upstream Natural Resources Index Fund
Data updated: 2026-09-25
GUNR returned +15.00% year to date and +32.74% over one year to Jul 2026. Annualised returns are +10.63% over 3 years and +10.75% over 5 years. Against its Global Mid-Cap Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $135, against $142 for the category, and to $133 over one year, against $118. Volatility over the past three years was 15.01% a year. In the 12 months to Jul 2026 the fund took in a net $1.0B, and assets reached $7.24B.
GUNR Growth of $100
What $100 invested in FlexShares Morningstar Global Upstream Natural Resources Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Blend category average over the same months.
| Period | GUNR | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $133 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $135 | $142 |
| 5 years (Aug 2021 – Jul 2026) | $167 | $150 |
| Since data start (Aug 2019 – Jul 2026) | $206 | $196 |
GUNR Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.00% |
| 1 year | +32.74% |
| 3 years (annualised) | +10.63% |
| 5 years (annualised) | +10.75% |
GUNR Annual Returns
Calendar-year total returns of FlexShares Morningstar Global Upstream Natural Resources Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.00% |
| 2025 | +29.94% |
| 2024 | −7.94% |
| 2023 | −1.72% |
| 2022 | +14.65% |
| 2021 | +25.72% |
| 2020 | +0.73% |
| 2019 (Aug–Dec) | +4.72% |
GUNR Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +11.2% | +8.7% | −0.9% | +0.1% | −1.6% | −8.2% | +6.1% | — | — | — | — | — |
| 2025 | +4.7% | −0.8% | +3.0% | −1.9% | +2.7% | +3.6% | +0.7% | +6.6% | +2.5% | −0.7% | +3.3% | +3.1% |
| 2024 | −6.0% | −0.4% | +7.2% | +1.2% | +2.1% | −4.3% | +1.6% | +0.3% | +2.4% | −3.9% | −0.6% | −7.0% |
| 2023 | +5.5% | −6.4% | −0.8% | +0.7% | −9.8% | +5.4% | +6.5% | −3.7% | −0.4% | −4.8% | +3.9% | +3.7% |
| 2022 | +4.3% | +7.3% | +7.1% | −4.1% | +4.6% | −14.5% | +3.6% | +1.3% | −8.0% | +9.6% | +8.3% | −2.7% |
| 2021 | +1.3% | +7.4% | +2.3% | +4.4% | +4.3% | −2.2% | −1.4% | −1.2% | −0.1% | +5.5% | −3.5% | +6.9% |
| 2020 | −6.4% | −11.2% | −17.0% | +14.0% | +3.7% | +2.8% | +5.7% | +2.3% | −6.3% | −3.5% | +16.2% | +5.7% |
| 2019 | — | — | — | — | — | — | — | −5.2% | +1.8% | +1.0% | +1.4% | +6.0% |
GUNR Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 15.01%
- 3-year Sharpe ratio: 0.41 (vs 4.5% risk-free rate)
- Best month: +11.19% (Jan 2026)
- Worst month: −8.21% (Jun 2026)
GUNR Fund Flows
Monthly money in and out of FlexShares Morningstar Global Upstream Natural Resources Index Fund, from SEC Form N-PORT.
- 12-month net flow: $1.0B
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 9.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $103.0M | $2K | $103.0M |
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $11.1M | $60.2M | −$49.1M |
| Mar 2026 | $171.0M | $6K | $171.0M |
| Feb 2026 | $142.2M | $4K | $142.2M |
| Jan 2026 | $331.5M | $0 | $331.5M |
| Dec 2025 | $14K | $0 | $14K |
| Nov 2025 | $154.2M | $3K | $154.2M |
| Oct 2025 | $30.8M | $0 | $30.8M |
| Sep 2025 | $178.1M | $0 | $178.1M |
| Aug 2025 | $22K | $58.8M | −$58.7M |
GUNR Assets Under Management
Net assets of FlexShares Morningstar Global Upstream Natural Resources Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $7.24B |
| 2026-04-30 | $7.49B |
| 2026-01-31 | $6.72B |
| 2025-10-31 | $5.27B |
| 2025-07-31 | $4.77B |
| 2025-04-30 | $4.63B |
| 2025-01-31 | $5.01B |
| 2024-10-31 | $5.66B |
| 2024-07-31 | $5.85B |
| 2024-04-30 | $6.57B |
| 2024-01-31 | $6.38B |
| 2023-10-31 | $6.93B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.